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FHA-insured hospital · L'anse, MI

Baraga County Memorial Hospital

Baraga County Memorial Hospital has 1 active FHA-insured loan in HUD's file of September 30, 2026, $27.7 million at origination. HUD's file shows a scheduled balance of $16.7 million.

242 construction or renovation

FHA project 04413005 · Baraga County Memorial Hospital · L'anse, MI

Original amount
$27,653,800
Note rate
6.78%
Initial endorsement
January 22, 2010
Final endorsement
March 22, 2012
Term
300 months
Matures
September 2036
Balance, September 2026
$16,662,997
Monthly payment as HUD reports it
$191,587
Beds (HUD "units" field)
15
Servicer
Lument Real Estate Capital, Ll
Financing
Tax-exempt bonds

Financing a hospital project?

Send the commercial mortgage team at Janover Capital LLC the project and the last three years' audited results. A person at Janover Capital will reply with a view on which program fits and the questions HUD is likely to ask.

Not affiliated with HUD or with Baraga County Memorial Hospital. The loan figures above are HUD's public data, not an offer of credit.

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Source: HUD, Insured Multifamily Mortgages active and terminated files, current as of September 30, 2026, rows HUD labels "MF Hospitals". Payments are HUD's "current principal and interest" field, which doesn't always match a plain amortization of the stated terms; hospital and system names from the Office of Hospital Facilities' list of active hospital loans. About the data.